Mount Holly, New Jersey Financial Issues

The downturn in the economy has continued to cause New Jersey residents financial difficulties. Unemployment is higher in some areas than others. Previously, in an effort to help certain struggling towns, New Jersey created Urban Enterprise Zones. Mount Holly, New Jersey and Pemberton Township, New Jersey, are two of the thirty-one New Jersey towns qualified as Urban Enterprise Zones. Businesses located in the zone pay no state sales tax on building materials, services and certain personal properties. Businesses can charge half of the usual 7% sales tax. Tax credits are provided for hiring previously unemployed workers and companies receive unemployment tax rebates. Despite the effort to create employment opportunities and growth in places like Mount Holly, it can still be difficult. Even if employment is found, the debt that has been built up becomes unmanageable. Various options including the filing of a personal bankruptcy often can provide relief and a fresh start to residents of Mount Holly, Pemberton, and other towns.

No Comments

Leave a comment
Comment Information
EMAIL US FOR A RESPONSE

Get Our Help Today

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Office Locations

Cherry Hill Office
1060 North Kings Highway,Suite 333
Cherry Hill, NJ 08034

Toll Free: 800-759-0767
Phone: 856-254-2196
Fax: 856-414-1230
Map & Directions

Philadelphia Office
Suite 1505
1515 Market Street
Philadelphia, PA 19102

Toll Free: 800-759-0767
Phone: 215-928-9199
Map & Directions

Willingboro Office
200 Campbell Drive
Suite 103F
Willingboro, NJ 08046.

Toll Free: 800-759-0767
Phone: 856-254-2196
Map & Directions

Philadelphia Office
7909 Bustleton Avenue
Philadelphia, PA 19152

Toll Free: 800-759-0767
Phone: 215-928-9199
Map & Directions